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| Name | Jio IPO in 2021: CLSA |
| Video Uploader | Video From ET NOW |
| Upload Date | This Video Uploaded At 12-01-2021 03:55:13 |
| Video Discription | Global brokerage firm believes that Reliance Industries subsidiary Jio Platforms may go for an IPO sometime in 2021., This after they raised a record $20/bn by selling stake in JIO to a clutch of global marquee investors right in the middle of the worst pandemic we have seen in decades. According to him the fundamentals of the telecom sector are improving fast..particularly tariffs whcih are edging higher. After rising in 2019 & 2020 they expect further hikes in 2021 as well..over and above this the 4G penetration has also risen to almost 82% now. CLSA expected Jio to retain their market share leadership position to sustain, they currently have 45% share. CLSA believes that Jio IPO will be a big positive trigger for the entire sector and not just Jio. They currently assign value Jio at about 770)share in this business. Subscribe To ET Now For Latest Updates On Stocks, Business, Trading | ► https://goo.gl/SEjvK3 Subscribe Now To Our Network Channels :- Times Now : http://goo.gl/U9ibPb The NewsHour Debate : http://goo.gl/LfNgFF To Stay Updated Download the Times Now App :- Android Google Play : https://goo.gl/zJhWjC Apple App Store : https://goo.gl/d7QBQZ Social Media Links :- Twitter - http://goo.gl/hA0vDt Facebook - http://goo.gl/5Lr4mC G+ - http://goo.gl/hYxrmj Website - www.etnownews.com |
| Category | News & Politics |
| Tags | Reliance | reliance jio | jio ipo | reliance jio ipo | reliance industries | CLSA | CLSA on jio | CLSA on reliance | et now | economic times |
